Moody National Bank Trust Division boosted its position in shares of Johnson Controls International PLC (NYSE:JCI) by 537.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 848 shares of the company’s stock after buying an additional 715 shares during the period. Moody National Bank Trust Division’s holdings in Johnson Controls International were worth $25,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Johnson Controls International by 1.3% during the third quarter. Vanguard Group Inc. now owns 67,459,746 shares of the company’s stock worth $2,361,091,000 after buying an additional 857,281 shares during the period. Vanguard Group Inc increased its position in Johnson Controls International by 1.3% during the third quarter. Vanguard Group Inc now owns 67,459,746 shares of the company’s stock worth $2,361,091,000 after buying an additional 857,281 shares during the period. BlackRock Inc. increased its position in Johnson Controls International by 13.0% during the third quarter. BlackRock Inc. now owns 59,977,232 shares of the company’s stock worth $2,099,204,000 after buying an additional 6,907,864 shares during the period. Franklin Resources Inc. increased its position in Johnson Controls International by 13.0% during the third quarter. Franklin Resources Inc. now owns 24,324,526 shares of the company’s stock worth $851,362,000 after buying an additional 2,803,639 shares during the period. Finally, Clearbridge Investments LLC increased its position in Johnson Controls International by 3.1% during the third quarter. Clearbridge Investments LLC now owns 22,767,071 shares of the company’s stock worth $796,847,000 after buying an additional 693,295 shares during the period. 92.13% of the stock is currently owned by institutional investors.

NYSE:JCI opened at $31.88 on Friday. The company has a market capitalization of $29.54 billion, a PE ratio of 11.38, a P/E/G ratio of 0.98 and a beta of 0.95. The company has a current ratio of 1.05, a quick ratio of 0.76 and a debt-to-equity ratio of 0.43. Johnson Controls International PLC has a 12-month low of $28.30 and a 12-month high of $41.53.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Thursday, November 8th. The company reported $0.93 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.93. Johnson Controls International had a return on equity of 11.92% and a net margin of 6.89%. The firm had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.28 billion. During the same period in the previous year, the business earned $0.87 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. Equities analysts predict that Johnson Controls International PLC will post 2.96 earnings per share for the current year.

Johnson Controls International announced that its board has authorized a share buyback plan on Thursday, November 8th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 3.2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 11th. Investors of record on Monday, December 17th will be paid a $0.26 dividend. The ex-dividend date is Friday, December 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.26%. Johnson Controls International’s dividend payout ratio (DPR) is presently 36.75%.

Several research analysts have commented on JCI shares. Citigroup cut their price target on Johnson Controls International from $46.00 to $43.00 and set a “buy” rating on the stock in a research report on Friday, November 16th. Wells Fargo & Co dropped their target price on Johnson Controls International from $41.00 to $38.00 and set a “market perform” rating on the stock in a report on Friday, September 28th. JPMorgan Chase & Co. lowered Johnson Controls International from a “neutral” rating to an “underweight” rating and set a $44.00 target price on the stock. in a report on Friday, September 21st. Morgan Stanley set a $35.00 target price on Johnson Controls International and gave the company a “hold” rating in a report on Friday, November 2nd. Finally, Credit Suisse Group began coverage on Johnson Controls International in a report on Friday, October 12th. They issued a “neutral” rating and a $37.00 target price on the stock. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $38.50.

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About Johnson Controls International

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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